DEFAULTED STUDENT LOAN HELP

DEFAULTED STUDENT LOAN HELP

Hi all, I'm new to the forum. I've read a lot of really great advice.

I have a problem that I could use some advice on. I defaulted on my student loans many years ago. This year, they again took my tax returns which brought my balance to just over $1,000. So I called them up and was going to make a payment to be done with it, however, the guy told me about the rehabilitation program. Ok, fine, so I did 10 months (actually 11 because I paid again today). My balance is down to $540. I've been talking with the lady from DCS (now performant inc) and she told me my loan WILL NOT be rehabilitated because the balance is too low.

Can someone give me some advice on what to do? I've held up my end of the deal and this just isn't fair. She said once I pay it off, they will update it as Paid as Agreed, but it won't come out of default status. Maybe I just sue?!

Re: DEFAULTED STUDENT LOAN HELP

An update to this...

I just spoke with a supervisor at performant inc. She double-checked and everything is going to be fine. In order to have ever gotten in the program, GLHE had to approve me (which they did), so the low balance isn't going to matter. I think it's because my balance was over $1,000 when I started the program. However, I moved back in April/May and my mail was returned thanks to the mail person so there was a "break" or something. Which means, I only got credit for 7 payments...even though all of my payments since March have gone through. I didn't really understand it, but apparently I'm in "paperwork status". My payment went through today and will again on January 1st so she said as long as I make the payment I should receive my un-defaulted paperwork by mid-January.

IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more

FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation.
Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies.
Many factors affect your FICO Scores and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating.
FTC's website on credit.

IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more

FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.